Hewlett Packard set to pursue Mike Lynch’s family for $4 billion

Mike Lynch, former chief executive officer at Hewlett-Packard Co.'s Autonomy unit, gestures during the Economist Bellwether Europe conference in London, U.K., on Thursday, April 25, 2013. Hewlett-Packard booked an $8.8 billion writedown last year tied to its $10.3 billion 2011 buyout of Autonomy. (Credit: Simon Dawson/Bloomberg via Getty Images)

Hewlett Packard has confirmed it will continue to pursue Mike Lynch’s family for up to $4 billion as it seeks to conclude a 13-year legal battle.

The Silicon Valley–based tech group has been at odds with Lynch since 2011, when its $11.7 billion acquisition of his Autonomy group turned sour. Hewlett Packard Enterprise (HPE) wrote down the deal's value by $8.8 billion, citing “accounting irregularities.”